Singapore Shares Slide as Markets React to US Curbs on China; Yangzijiang Shipbuilding Sinks 10%

MT Newswires2025-02-25

Singapore's stock market fell on Tuesday, mirroring regional markets reacting to US investment levers aimed at China, prompting a broad pullback in stocks.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,915.87 and 3,933.82 throughout the day. It ended the session at 3,915.87, down 11.88 points or 0.3% compared to Monday's close.

In company news, PropNex's (SGX:OYY) shares were up nearly 1% after the property investment firm's net attributable profit for the second half of 2024 declined 15% to SG$21.9 million from SG$25.8 million a year earlier.

Great Eastern's (SGX:G07) attributable profit to shareholders surged 21% in the second half of 2024 to SG$408.2 million from SG$337.4 million a year earlier.

Meanwhile, Yangzijiang Financial's (SGX:YF8) attributable profit surged 402% in the second half of 2024 to SG$197.3 million from SG$39.3 million a year earlier.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2514306505?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-25 17:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514306505","market":"sg","top_or_hot":-1,"title":"Singapore Shares Slide as Markets React to US Curbs on China; Yangzijiang Shipbuilding Sinks 10%","media":"MT Newswires","content":"<html><head></head><body><p>Singapore&#39;s stock market fell on Tuesday, mirroring regional markets reacting to US investment levers aimed at China, prompting a broad pullback in stocks.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,915.87 and 3,933.82 throughout the day. It ended the session at 3,915.87, down 11.88 points or 0.3% compared to Monday&#39;s close.</p><p>In company news, PropNex&#39;s (SGX:OYY) shares were up nearly 1% after the property investment firm&#39;s net attributable profit for the second half of 2024 declined 15% to SG$21.9 million from SG$25.8 million a year earlier.</p><p>Great Eastern&#39;s (SGX:G07) attributable profit to shareholders surged 21% in the second half of 2024 to SG$408.2 million from SG$337.4 million a year earlier.</p><p>Meanwhile, Yangzijiang Financial&#39;s (SGX:YF8) attributable profit surged 402% in the second half of 2024 to SG$197.3 million from SG$39.3 million a year earlier.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/52774cdd4ec7687d9a4d88369c41ebdd\" tg-width=\"510\" tg-height=\"629\"/></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares Slide as Markets React to US Curbs on China; Yangzijiang Shipbuilding Sinks 10%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares Slide as Markets React to US Curbs on China; Yangzijiang Shipbuilding Sinks 10%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2025-02-25 17:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Singapore&#39;s stock market fell on Tuesday, mirroring regional markets reacting to US investment levers aimed at China, prompting a broad pullback in stocks.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,915.87 and 3,933.82 throughout the day. It ended the session at 3,915.87, down 11.88 points or 0.3% compared to Monday&#39;s close.</p><p>In company news, PropNex&#39;s (SGX:OYY) shares were up nearly 1% after the property investment firm&#39;s net attributable profit for the second half of 2024 declined 15% to SG$21.9 million from SG$25.8 million a year earlier.</p><p>Great Eastern&#39;s (SGX:G07) attributable profit to shareholders surged 21% in the second half of 2024 to SG$408.2 million from SG$337.4 million a year earlier.</p><p>Meanwhile, Yangzijiang Financial&#39;s (SGX:YF8) attributable profit surged 402% in the second half of 2024 to SG$197.3 million from SG$39.3 million a year earlier.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/52774cdd4ec7687d9a4d88369c41ebdd\" tg-width=\"510\" tg-height=\"629\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6074","symbol_name":"人寿与健康保险","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514306505","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514306505","pubTimestamp":1740477267,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore's stock market fell on Tuesday, mirroring regional markets reacting to US investment levers aimed at China, prompting a broad pullback in stocks.The Straits Times Index , a key benchmark for the Singapore Exchange, ranged between 3,915.87 and 3,933.82 throughout the day. It ended the session at 3,915.87, down 11.88 points or 0.3% compared to Monday's close.In company news, PropNex's  shares were up nearly 1% after the property investment firm's net attributable profit for the second ha","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6074":"人寿与健康保险","YF8.SI":"YZJ Fin Hldg","BK6052":"资产管理与托管银行","BK6521":"保险股","G07.SI":"大东方控股","OYY.SI":"PROPNEX LIMITED","BK6010":"房地产服务"},"translate_title":"由于市场对美国对中国的限制做出反应，新加坡股市下跌；扬子江船业沉没10%","themeId":"911565343b7b9734a0f50f4e8cd46265","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OYY.SI":0.9,"G07.SI":0.9,"YF8.SI":0.9},"content_text":"Singapore's stock market fell on Tuesday, mirroring regional markets reacting to US investment levers aimed at China, prompting a broad pullback in stocks.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,915.87 and 3,933.82 throughout the day. It ended the session at 3,915.87, down 11.88 points or 0.3% compared to Monday's close.In company news, PropNex's (SGX:OYY) shares were up nearly 1% after the property investment firm's net attributable profit for the second half of 2024 declined 15% to SG$21.9 million from SG$25.8 million a year earlier.Great Eastern's (SGX:G07) attributable profit to shareholders surged 21% in the second half of 2024 to SG$408.2 million from SG$337.4 million a year earlier.Meanwhile, Yangzijiang Financial's (SGX:YF8) attributable profit surged 402% in the second half of 2024 to SG$197.3 million from SG$39.3 million a year earlier.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":6,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2514306505","isCrawlerRequest":true}